On July 19, the quotation committee of the Ukrainian Stock Exchange decided to exclude Donetskkoks shares from the exchange list. The decision came into effect on July 20. The exclusion followed the rules of the Ukrainian Stock Exchange due to the registration of the issuer as the private joint-stock company. Since July 1, the Ukrainian…
June proved to be extremely unlucky for Ukrainian metal companies mostly because of the railroad strike. Steel smelting dropped by 19% MoM, to 1.87 million tons, pig iron output decreased by 20.5% MoM, to 1.79 million tons. Average daily steel output in June totaled 62.4 thousand tons as opposed to 73.2 thousand tons in May.…
Shareholders of Donetskkoks have decided to increase the supervisory board from 1 member to 5. According to the company statement, Yuri Ryzhenkov, Alexander Pogozhev, Julia Dankova, Svetlana Romanova (all of them top managers at Metinvest Holding) and Maxim Novikov (Ingulets Mining and Processing Works legal department director) have been elected members of the board for…
The supervisory board of Donetskkoks has extended the office of the general manager Andrei Shabanov.
In 2015 Donetskkoks received 14.67 million UAH of losses.
In December 2015 Donetskkoks started to shut down its capacities. Yenakievo By-product Coke Works is working at 80% of its capacities, while Avdiivka Coke and Chemical Works – at 94%.
In Q4 2015 Metinvest closed down manufacturing capacities of Donetskkoks.
Shareholders of the Makeevka Subsidiary of Yenakievo Iron and Steel Works, Komsomolskoye Mine Group and Donetskkoks (all from Donetsk region) plan to decide on the companies’ location at their meeting on December 17.